Monday 20 August 2018 / 8:58 AM Economy / John McDonnell

John McDonnell has condemned a “sickening” celebration by Lehman bankers who are reuniting for a secret 10-year party in London

The Shadow Chancellor hit out after it was reported that hundreds of former bankers at Lehman Brothers are to gather for a controversial reunion in London to mark the 10-year anniversary of the collapse of the investment bank.

The private gathering, which was organised via an email chain, is to take place around September 15 — the date of Lehman’s collapse 10 years ago, it is understood.

Organisers have gone to great lengths to keep details of the event secret but the plan to share cocktails and canapes was heavily criticised by the Shadow Chancellor.

John McDonnell MP, Labour’s Shadow Chancellor, said:

“This is absolutely sickening after a decade of people suffering austerity.

“It’s particularly disgraceful in the context of all the people who lost their jobs and homes to pay for bailing out these bankers who caused the financial crash.”, as well as against a backdrop of firefighters, police officers and other public servants facing years of brutal Tory pay restraint.

“People will be absolutely disgusted about this unacceptable and highly inappropriate gathering.”